Canada’s government unveiled its latest magic trick—slowing inflation despite a weakening loonie and a trade partner that’s experiencing an acceleration. Statistics Canada (Stat Can) data shows policymakers made the growth of the consumer price index (CPI) disappear in December. A dive into the numbers reveals it was just an optical illusion—the GST/HST holiday temporarily offset […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada To Face 2nd Largest Recession Ever If It Enters A Trade War: BoC Canada isn’t responding well to American tariff threats, and it can cost both countries a lot. National Bank of Canada (NBF) looked at the BOC modeling done back […]
Canadians may be facing the largest non-pandemic recession ever, in just a few short weeks. That’s the focus of a new report from National Bank of Canada (NBF), which examines the Bank of Canada (BoC) modeling of a similar tail risk back in 2019. The spat would deliver a blow to both countries, but north […]
Canadian real estate sales are picking up but prices haven’t budged, and they aren’t expected to in the near future. BMO Capital Markets believes the Great Canadian real estate stagnation may have just kicked off. Despite a sharp cut to interest rates and normalization of buyer volumes, prices are still moving sideways. Those expecting a […]
Canadian real estate sales are returning to normal, but prices suffered another setback last month. Canadian Real Estate Association (CREA) data shows the price of a composite benchmark, or typical, home, fell in December. Despite demand returning and an ambitious start to 2024, the year closed out with losses doubling the rate seen a month […]
Canadian real estate has seen some positive growth but won’t recover to peak valuations for another half decade. That was the take from BMO Capital Markets, who sees demand getting a boost from a few factors including cheaper, easier credit. However, they don’t see home prices returning to their peak until 2029, as a combination […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Top Job Market Is Saskatoon, Toronto Ranks Near Worst: BMO Canada’s biggest city is its top destination for economic migrants, but it’s one of the worst places to actually find a job. BMO Capital Markets released its annual rank of the […]
Canadian real estate in the 2020s is more for seniors than young adults, though it wasn’t always that way. Bank of Canada (BoC) 2024 mortgage data reveals that seniors are more likely to have a mortgage than those younger than 35 years old. Contrasting it with borrower age at origination reveals that those under 35 […]
Canada’s central bank is still trying to reel in the mass liquidity injections it made in 2020. A new report from National Bank of Canada (NBF) explains they see quantitative tightening (QT) making progress in 2025. The Bank of Canada (BoC) policy reverses liquidity introduced during quantitative ease (QE) in 2020, and will raise borrowing […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Banks See Mortgages In Arrears Climb Despite State Intervention Canadian banks are seeing mortgages in arrears climb despite extensive measures to suppress them. Canadian Bankers Association (CBA), an industry-run trade group, data shows that more residential borrowers are falling behind on […]
